The Chief Financial Officer (CFO) performs most work assigned with a minimum assistance. Often leads a number of accountants, instructs them in work to be performed, reviews the work done, and directs necessary revisions. The CFO is able to make decisions on all but the most unusual accounting and auditing matters. When such problems arise, the CFO outlines concerns for the General Manager to review.
Incumbent supervises the Finance Department staff by providing and directing procedures and systems necessary to maintain proper records and to afford necessary accounting controls and services. Appraises the financial position and issues monthly financial and operating reports. Completes quarterly internal audits in preparation for annual audit.
ESSENTIAL SUPERVISORY JOB FUNCTIONS
COMPLETES OPERATION BY:
Developing accounting policies, procedures, and internal control measurers to ensure adequate protection of KIC assets;
Assigning and monitoring work, resolving operations problems, and implementing new procedures;
Promoting a motivational environment that maintains the department as a cohesive unit.
MAINTAINS STAFF BY:
Assist HR with recruiting, selecting prospective employees,
Orientating to department processes and procedures, and training employees;
Maintaining a safe working environment; developing personal growth opportunities.
ACCOMPLISHES STAFF JOB RESULTS BY:
Communicating job expectations;
Coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results; conducting training,
Implementing and enforcing systems, policies, and procedures.
ESSENTIAL JOB FUNCTIONS
DEVELOPS BUDGETS, FORECASTS, AND FINANCIAL RESULTS TO GUIDE MANAGEMENT DECISIONS BY:
Lead in the budget preparation in conjunction with the Program/Department directors;
Suggesting corrective actions;
Developing and enforcing planning schedules.
SECURES FINANCING BY
Analyzing capital needs;
Representing the Tribe with financial institutions;
Negotiating credit with banks, brokers, and insurance companies.
PROTECTS ASSETS BY
Providing physical asset insurance coverage;
Establishing, auditing, and enforcing internal controls.
MAINTAINS FINANCIAL CONTROLS BY
Supervising the preparation of monthly financial reports, including a statement of revenues and expenditures
Overseeing completion of insurance applications, the placement of insurance, and the allocation of premiums to the various departments and funds;
Analyzing long-range economic trends and recommending projects for future growth to the General Manager and the Tribal Council.
MAINTAINS GRANT FUNDING BUDGETARY REQUIREMENTS BY
Assisting in preparation of grant applications as requested;
Overseeing grant reports preparation.
ENSURES EXTERNAL AUDITS COMPLETED BY
Overseeing audit preparation;
Coordinate all audits performed by external auditor;
Work closely with auditors and staff to ensure timely completion of the audit.
COMPLIES WITH REGULATORY REQUIREMENTS BY
Approving and filing statements and reports.
MAINTAINS PROFESSIONAL AND TECHNICAL KNOWLEDGE BY
Attending educational workshops;
Reviewing professional publications;
Establishing personal networks;
Benchmarking state-of-the-art practices;
Participating in professional societies.
CONTRIBUTES TO TEAM EFFORT BY
Initiating and directing training programs and in-services for department employees when necessary;
Evaluating the structure and plan for continual improvement of the efficiency and effectiveness of the department;
Perform other related duties as directed by supervisor.
Additional Job Duties:
Establishing and maintaining a system of accounts (fund accounting);
Advise General Manager and KIC Program/Department Directors on financial matters;
Establish and maintain positive working relationships with public officials, KIC employees, general public, governmental agencies, and business establish¬ments.
KNOWLEDGE, SKILLS, AND ABILITIES
Knowledge and educational preparation in the theories, methods, practices in accounting;
Knowledge of word processing and spreadsheet computer application skills;
Knowledge and ability to carry out rules of Health Insurance Portability and Accountability Act (HIPAA)
Extensive knowledge of PL 93-638 Compacts for IHS, BIA, and NAHASDA;
Extensive knowledge of OMB Circular A-133, OMB Circular A-87 and GASB 34;
Experience in Governmental Accounting/Fund Accounting including working with encumbrances;
Skill to operate the fund accounting software program;
Ability to read, analyze, and interpret the most financial statements
Ability to respond effectively to the most sensitive inquiries or complaints;
Ability to make effective and persuasive speeches and presentation on controversial or complete topics both external/internal parties;
Ability to communicate professionally over the telephone and in person in a positive and clear manner;
Ability to communicate orally, and in writing to staff members from a variety of backgrounds - professionals, technicians, and clerical;
Ability to utilize maximum degree of professionalism and diplomacy with those who may be experiencing a high degree of stress both mentally and/or physically;
Ability to take verbal instruction and complete assigned project by established deadline;
Ability to maintain confidentiality of all KIC operations and staff.
Physical Activities Include:
Must be able to hear. Specific vision abilities include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. Ability to use hands to finger, handle, or operate objects tools, or controls; reach with hands and arms; climb or balance; stoop, kneel, crouch; and taste or smell. Each of the listed activities also requires standing, sitting, walking, bending, and stooping, climbing on stools and ladders, and routinely lifting and carrying items and boxes up to forty (40) pounds.
Writing by hand and using a personal computer. Long hours in front of computer screen. Frequently required to work extended hours. Attending evening and lunch time meetings as requested by the General Manager. Traveling occasionally, using air and/or water transportation, to out-of-town meetings and functions.
Possess a current and valid State of Alaska driver's license with a record acceptable to KIC’s Insurance carrier.
Education and Experience:
Bachelor degree in Business Administration, Public Administration, or Accounting with an emphasis in accounting, economics, and finance required. Current Certified Public Accountant license required.
Minimum five (5) years experience in financial management with increasing administrative responsibilities.